GBPJPY!!! Correction and down again

Like we said last week if it goes down slowly then take profit and stay away. We recommend watching this pair early next week and see how the structure unfolds, it has tendency to make one more up before any more sells, if it goes up we will let the up move finish and sell it again.

Now, after experimenting all the technical analysis techniques over the past 8+ years, i.e. Dow theory, Elliott wave theory, Advanced patterns, Harmonic patterns , Support & Resistance , Chart patterns and Indicators.These methods might be working for so many people but we came to the conclusion that only "Wave Analysis" is powerful enough to make us consistent profitable forex traders.

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What we are sharing here is only our point of view on what could be the next move in the "Forex market" based on Wave Analysis and not signals...

Trade with care
We Trade Waves